“There has been a strong response from the local market including families and downsizers who have identified the unique opportunity to get a foothold in this progressive suburb.

An artist's impression of the kitchen at TriBeCa, Bulimba.Source:Supplied

“Brisbane is holding its own in the current property cycle and Bulimba itself is expected to exceed the Brisbane market with the introduction of SpeedCat Ferry services only 600m away, the Brisbane International Cruise Ship Terminal and Bulimba Barracks redevelopment.”

An artist's impression of an alternate kitchen space at TriBeCa's Terraces, Bulimba.Source:Supplied

Duke Realty sales agent Sam Patterson said buyers to the development were drawn to the quality design and location of TriBeCa Terraces, as well as the benefit of owning a freehold property.

The rooftop space at TriBeCa Terraces.Source:Supplied

“TriBeCa’s quality finishes, paired with the range of lifestyle facilities and its proximity to the city has struck a chord with buyers and we expect to see the strong sales momentum continue,” Mr Patterson said.

The TriBeCa Terraces project is taking shape on a site stretching from Banya to Johnston streets, and is easy walking distance to Apollo Rd ferry terminal and Oxford Street’s retail, dining and entertainment hub.